EU, eurozone industrial producer prices up in December

By Mucahithan Avcioglu

ISTANBUL (AA) - Industrial producer prices in the eurozone as well as the full EU rose 0.4% in December month-on-month, according to Eurostat data released Wednesday.

EU prices were at 128.7 in December while the euro area's were at 127.2.

The sub-index that increased the most was energy goods, where prices grew 1.4% in the eurozone and 1.3% in the EU in December month-on-month.

Prices of capital goods also inched up 0.1% in both the EU and the eurozone.

The country with the biggest monthly increase in industrial producer prices was Bulgaria with a 5.1% rise, as Ireland saw the largest monthly drop with 1.5%.

Annually, prices in the EU rose 0.1% in December while the eurozone saw no change compared with December 2023.

Slovakia saw an annual fall of 17% in industrial producer prices, while Ireland had an 11.1% increase.

Meanwhile, on a yearly average, prices rose 4.2% in the euro area in 2024 and 4% in the EU compared to 2023.

The eurozone/euro area, or EA20, represents member states that use the bloc’s single currency, the euro, while the EU27 includes all member countries.